AVID BIOSERVICES INC (CDMO)
US05368M1062 - Common Stock
Overall CDMO gets a technical rating of 6 out of 10. CDMO has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
84% of all other stocks performed better in the past year than CDMO.
CDMO is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CDMO is lagging the market.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month CDMO has a been trading in the 6.14 - 7.85 range, which is quite wide. It is currently trading near the high of this range.
CDMO has an average volume of 1471990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CDMO is an average performer in the Biotechnology industry, it outperforms 46% of 588 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CDMO has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
6.05
8.37
6 important support areas can be observed.
- A support zone ranging from 7.66 to 7.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 6.91 to 7.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.55 from a trend line in the daily time frame.
- Support @6.34 from a horizontal line in the daily time frame.
- Support @6.24 from a trend line in the daily time frame.
- Support @6.11 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 8.25 to 8.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.78
Mansfield-2.55
10 Day High7.85
10 Day Low6.23
20 Day High7.85
20 Day Low6.14
52 Week High18.65
52 Week Low4.07
Performance
1 Week12.3%
2 Weeks14.31%
1 Month16.39%
3 Month23.71%
6 Month18.18%
12 Month-58.63%
2 Year-42.63%
3 Year-63.96%
5 Year97.17%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.12
RSI(14)62.43
LBB6.11
UBB7.87
AVID BIOSERVICES INC
NASDAQ:CDMO (5/1/2024, 7:00:03 PM)
After market: 7.67 0 (0%)7.67
+0.04 (+0.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.52%
1 Week12.3%
2 Weeks14.31%
1 Month16.39%
3 Month23.71%
6 Month18.18%
12 Month-58.63%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.47
ATR(20)%6.22%
ATR Inc
Range Today0.38
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High7.85
10 Day Low6.23
20 Day High7.85
20 Day Low6.14
52 Week High18.65
52 Week Low4.07
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.53M
Volume Incr58.7%
Vol(5)1.47M
Vol(50)1.47M